Fidelity's FETH and FSOL exchange‑traded funds have been given authority to stake up to 100% of the crypto assets they hold, according to prospectuses filed on August 21, while also describing procedures for redemption if network exit delays occur. The prospectuses, filed by FD Funds Management, indicate that the funds have no minimum staking requirement and that the sponsor may retain unstaked assets to cover expenses, redemptions, and liquidity needs. Fidelity amended trust and custody arrangements in August, stating that staking is expected to begin as soon as practicable after the prospectus filing date. The funds have not disclosed current staked amounts. FSOL reported 1,675,797 SOL staked out of 1,687,589 SOL held at June 30, representing a fair value of $126.3 million and a trailing 30‑day staked percentage of 99.64%. Its net assets were reported at $127.079 million. FETH’s June 30 report listed 476,311 ether with net assets of $758.609 million and did not provide a staked‑ether figure. Redemption procedures include using reserves as a first buffer, extending settlement periods temporarily, and delivering cash in place of crypto if an exit is not practicable, according to the filings. Exit timelines differ by network: Solana staking may be regained within two days under normal conditions, while Ethereum validators must exit the active set and wait for a network sweep, which can be lengthened by high demand or disruptions. The sponsor may employ additional backstops such as credit facilities, direct borrowing of digital assets, sales of validator positions, or use of liquid staking tokens, though none were in place as of the August filing. The arrangements outline discretionary options for managing redemption risk and do not guarantee automatic protection; the ultimate impact on investors remains to be seen.